Financial Services Committee grills Big Bank CEOs
The chief executives of some of the largest banks in the U.S. are appearing before the Financial Services Committee on Wednesday for the very first time since the 2008 financial crisis, as they deal...
Facebook and Google to attend Capitol Hill meeting over censorship
Internet giants Facebook and Google are facing restored examination as regulators aim to censor content they deem harmful.
Following a recent round of new proposals from the EU, regulators in Britain are looking to apply...
Tencent raises $6 billion in monumental bond sale
Tencent has just finished a raise of $6 billion through a bond sale, the business announced Wednesday evening.
Chinese social network and video gaming giant Tencent Holdings Ltd announced that it has raised $6 billion in...
China-U.S. trade deal near, but it may be too late for some American businesses
The U.S. and China are reportedly nearing a trade deal in the ongoing tit-for-tat tariff war which has erased billions from stock markets over the past year.
American and Chinese officials are apparently closing in...
Aramco more profitable than Google and Apple combined
In the middle of its roadshow to raise some $10 billion in investments, Saudi Aramco exposed its earnings for the first time ever.
According to a report from credit agency Moody's, the Saudi oil business...
HUD charges Facebook over real estate advertisements
Less than a week after Facebook came under fire for its controversial ad practices, the U.S. Department of Housing and Urban Development has filed charges on the tech giant over discrimination in real estate...
Can Wells Fargo win back investors?
Wells Fargo has struggled to regain the general public's trust in recent years, and after a string of less-than-flattering headlines, the bank is not faring far better with investors, either.
The controversial corporate bank can't...
Uber boosts its arsenal ahead of IPO
Uber is broadening its footprint in the Middle East after lastly sealing a handle ride-sharing competitor Careem. The move comes just a week after Lyft kicked off its IPO plans.
In a press release Tuesday...
Apple Card fails to spark investors’ interest
In a surprising move that might even look like a step back to those already knowledgeable about the growing world of mobile payments, Apple has unveiled its newest creation: the Apple Card
The Apple Card...
Global stocks dip as economic slowdown fears grow louder
Asian stocks closed in the red on Monday on growing worries of an economic slowdown. European and American stocks are likely to follow suit.
Stocks dropped considerably in Asia as investors reacted to disappointing manufacturing...
